Gasoline RBOB Futures Hold Steady at Four Year Lows

Retail Price Outlook

The EIA projects US retail gasoline will average $3.00 in 2026. National averages are currently at their lowest seasonal point since 2021, providing significant relief to the consumer sector as the year begins.

Margin Pressure

Refiners are facing a 'crack spread' squeeze as crude input costs rise while gasoline prices remain flat. This could lead to a reduction in refinery throughput later in the quarter if gasoline stocks continue to build.